Business Topics

Apr 14, 2014

Bourses scrap disclosure reforms

Japan Exchange Group Inc. has decided to scrap a plan to adopt tougher disclosure rules, saying the nation’s companies are getting better at communicating with investors on their own. The exchange will seek clearer comments on an individual basis and keep track of companies’ ...

Apr 10, 2014

Greenback stays below ¥102 line

The dollar stayed weak below ¥102 in Tokyo trading Thursday, weighed down by sluggish stock prices in Japan. At 5 p.m., the greenback was quoted at ¥101.72-74, down from ¥101.98-98 at the same time Wednesday. The euro stood at $1.3858-3859, up from $1.3803-3803, and ...

Apr 10, 2014

Futures-led selling sees Nikkei shed early gains

Stocks closed almost unchanged on the Tokyo Stock Exchange on Thursday, with early gains after four days of losses wiped out by futures-led selling in the afternoon. The Nikkei 225 ended up 0.43 point at 14,300.12. The Topix inched down 0.95 point to close ...

Apr 9, 2014

Dollar easier below ¥102 line

The dollar stayed mostly below ¥102 in Tokyo trading Wednesday after diving to a three-week low around ¥101.50 in New York overnight on receding hopes for fresh monetary easing measures by the Bank of Japan. At 5 p.m., the dollar was quoted at ¥101.98-98, ...

Apr 9, 2014

Nikkei hits three-week low on yen's surge

The Nikkei average tumbled to the lowest closing level in almost three weeks Wednesday, with the higher yen driving down export-oriented issues. The 225-issue Nikkei average ended down 307.19 points, or 2.10 percent, at 14,299.69, marking the lowest finish since March 20 and extending ...

Apr 8, 2014

Dollar under ¥103 as Nikkei falls

The dollar fell below ¥103 in Tokyo Tuesday, after Japanese stock prices dropped amid increasing tensions in Ukraine. At 5 p.m., the dollar was quoted at ¥102.78-80, down from ¥103.11-12 at the same time Monday. The euro stood at $1.3762-3763, up from $1.3717-3718, and ...

Apr 8, 2014

Stocks fall a third session over Ukraine worries

Stocks extended their losing streak to a third session Tuesday as rekindled concerns over geopolitical risks in Ukraine dampened market sentiment. The 225-issue Nikkei average closed down 201.97 points, or 1.36 percent, at 14,606.88. On Monday, the key market gauge plunged 254.92 points. The ...

Apr 7, 2014

Dollar easier near ¥103 in Tokyo

The dollar fell to levels slightly above ¥103 in Tokyo Monday, as stock markets in and outside Japan skidded after the announcement of U.S. jobs data on Friday. At 5 p.m., the dollar was quoted at ¥103.11-12, down from ¥103.¥90-90 at the same time ...

Apr 4, 2014

Tokyo stocks retreat moderately on profit-taking

Stocks turned moderately lower on the Tokyo Stock Exchange Friday, hurt by profit-taking after their recent surge, but their downside was limited by buying on dips backed by expectations for U.S. economic data. The 225-issue Nikkei average lost 8.11 points, or 0.05 percent, to ...

Apr 4, 2014

Dollar static below ¥104 in Tokyo

The dollar was stuck in a tight range below ¥104 in Tokyo trading Friday, reflecting a wait-and-see mood before the release later in the day of crucial U.S. jobs data. At 5 p.m., the dollar stood at ¥103.90-90, almost flat from ¥103.89-91 at the ...

Apr 3, 2014

Nikkei tops 15,000 on robust U.S. jobs data

The Nikkei 225 average closed above 15,000 for the first time in about three weeks Thursday, boosted by purchases on strong U.S. economic data and the weakening yen. The key benchmark index grew 125.56 points to 15,071.88, closing above 15,000 for the first time ...